Complete Document - City of Auburn

City of AuburnOverview of Other Funds - Enterprise FundsBiennial Budget - FY 03 & FY 04Sewer Auburn Total - AllEquipment Center for BudgetedReplace- Developing Industrial EnterpriseSewer ment Industries Park FundsAudited fund equity, 9.30.01867,172$ $ 505,493 $ 502,414 $ (85,669) $ 1,789,410FY 02 Projected revenues* 5,756,204 6,474 153,282 101,173 6,017,133FY 02 Budgeted expenses* 4,497,430 ^ 33,471 100,272 190 4,631,363Projected fund equity, 9.30.02 2,125,946 478,496 555,424 15,314 3,175,180FY 03 BudgetRevenuesCharges for services 4,428,000 - 109,665 - 4,537,665Other revenues 98,500 5,000 1,500 - 105,000Total revenues 4,526,500 5,000 111,165 - 5,002,665Other financing sourcesDebt proceeds 100,000 - - - 100,000Transfers from other funds - - - 1,000 1,000Total resources available 6,752,446 483,496 666,589 16,314 7,918,845ExpensesEconomic Development - - 94,125 1,000 95,125Sewer 4,742,813 50,000 - - 4,792,813Total expenses 4,742,813 50,000 94,125 1,000 4,887,938Other financing usesTransfers to other funds 111,910 - - - 111,910Total resources used 4,854,723 50,000 94,125 1,000 4,999,848Projected fund equity, 9.30.03 1,897,723 433,496 572,464 15,314 2,918,997FY 04 BudgetRevenuesCharges for services 4,653,000 - 109,665 - 4,762,665Other revenues 101,600 5,000 1,500 - 108,100Total revenues 4,754,600 5,000 111,165 - 4,870,765Other financing sourcesDebt proceeds - - - - -Transfers from other funds - - - 1,000 1,000Total resources available 6,652,323 438,496 683,629 16,314 7,790,762ExpensesEconomic Development - - 99,125 1,000 100,125Sewer 4,837,736 50,000 - - 4,887,736Total expenses 4,837,736 50,000 99,125 1,000 4,987,861Other financing usesTransfers to other funds 113,182 - - - 113,182Total resources used 4,950,918 50,000 99,125 1,000 5,101,043Projected fund equity, 9.30.04 $ 1,701,405 $ 388,496 $ 584,504 $ 15,314 $ 2,689,719* Unaudited^ Includes depreciation expense (non-cash) of $692,000. FY 03 and FY 04 proposed expenses excludedepreciation.75